The Economy at 65% Unemployment

By Bill Wilson

Daily Jot News Service

WASH–Apr 9–DJNS–The Bible says of the latter days, “But evil men and seducers shall wax worse and worse, deceiving and being deceived (2 Timothy 3:13)”. Such appears to be the case as the news media and the White House claim economic victory saying the unemployment rate has dropped from 8.3 percent to 8.2 percent. The idea seems to be to convince the American people that they are better off than they think and that the economy is improving. It is not. Don’t fall for it. The shell game before the November elections has started. Spinning the numbers is the order of the day. Keeping control of Congress and the White House by a ruling class through deception and misdirection is the game.

The Federal Reserve reports that those “Not in the Labor Force” have reached a record 87,897,000. Those Not in the Labor Force are considered by the Bureau of Labor Statistics (BLS) as those who have no job and are not looking for one.  BLS says that “discouraged workers” are those not currently looking for work because they believe no job is available to them in their line of work, they have been unable to find work, perhaps do not have the skills to find work, or employers are discriminating against them for some reason. During the month of March, for example, there were 865,000 discouraged workers and 1.5 million who did not look for work during March.

BLS says that the number of unemployed persons–those who do not have a job, but are still looking for one–totaled 12.7 million, representing 8.2 percent of the workforce. There are approximately 154,878,000 in the total American workforce. If you add the number of unemployed to the number of those not in the labor force divided by the total workforce, you will find that the actual unemployment rate is about 65%. This is an astounding number that no one can even begin to fathom. Of course, BLS, Congress and the White House would argue that those “Not in the Labor Force” cannot be considered part of unemployment anymore because they are no longer employable or seeking a job.

The impact of sending jobs overseas, creating over $14 trillion of debt, and allowing an illegal workforce has restructured our entire economy. The casualty is the middle class and small business that was once the backbone of our nation and the job creators of our society. Is it any wonder that gasoline prices combined with unemployment are crushing our nation’s economic ability? It would appear that unless fundamental changes are made away from socialism, that the critical mass of economic hardship has yet to strike full force. What to do? Yeshua says in Matthew 6:33, “But seek ye first the kingdom of YHVH, and his righteousness; and all these things shall be added unto you.” The Lord will provide, but we need to do the right thing.

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